Air Transport World

Qantas maintained.

Qantas maintained its momentum during the fiscal first quarter with continued growth in group earnings despite higher fuel prices and strong competition on international routes.

Chairman Gary Pemberton told shareholders at the annual meeting in Adelaide that Qantas's results for the full year would hinge on its ability to make further productivity and efficiency gains from its underlying business. He said the profit performance for the initial months of 1999-00 was ahead of the same period a year earlier. …

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